KBC Group NV (OTCMKTS:KBCSY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $50.00 and last traded at $49.86, with a volume of 17837 shares trading hands. The stock had previously closed at $49.19.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada reiterated a "sector perform" rating on shares of KBC Group in a research note on Wednesday, April 23rd. Barclays raised KBC Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 17th. Finally, Morgan Stanley reissued an "overweight" rating on shares of KBC Group in a report on Monday, May 19th.
Get Our Latest Analysis on KBC Group
KBC Group Stock Down 1.2%
The stock has a market capitalization of $40.86 billion, a PE ratio of 10.87, a PEG ratio of 1.75 and a beta of 0.78. The firm's fifty day moving average is $45.90 and its 200-day moving average is $41.73.
KBC Group (OTCMKTS:KBCSY - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.03. KBC Group had a return on equity of 14.40% and a net margin of 13.32%. The business had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $3.03 billion. On average, analysts expect that KBC Group NV will post 4.28 EPS for the current year.
KBC Group Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, May 23rd. Shareholders of record on Thursday, May 8th were issued a $1.1873 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 3.77%. This is an increase from KBC Group's previous dividend of $0.33. KBC Group's dividend payout ratio (DPR) is 51.43%.
About KBC Group
(
Get Free Report)
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.
Featured Stories
Before you consider KBC Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KBC Group wasn't on the list.
While KBC Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
